secwatch.observer — SEC 8-K summary
======================================

Issuer:     Tricida, Inc. (—)
CIK:        0001595585
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001595585-22-000097
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 1.02, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tricida: Patheon terminates supply pact; Nasdaq warns of delisting for low MVPHS
--------------------------------------------------------------------------------

- Patheon alleges material breach and terminates Manufacturing and Commercial Supply Agreement; seeks damages.
- Nasdaq notifies Tricida that MVPHS below $15M for 30 consecutive days; 180-day grace period until June 6, 2023.
- If not compliant by June 6, 2023, Tricida may transfer to Nasdaq Capital Market or face delisting and appeal.
- Tricida assessing options but no assurance of regaining compliance with Nasdaq listing rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595585/000159558522000097/0001595585-22-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595585/000159558522000097/tcda-20221207.htm
  HTML page:      https://secwatch.observer/filing/0001595585-22-000097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer